McMillan Shakespeare (OTCPK:MCSLF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
McMillan Shakespeare Forward PE Ratio Related Terms
McMillan Shakespeare Forward PE Ratio Historical Data
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The historical data trend for McMillan Shakespeare's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
McMillan Shakespeare Forward PE Ratio Chart
McMillan Shakespeare Annual Data
Trend
2018-06
Forward PE Ratio
13.76
McMillan Shakespeare Semi-Annual Data
2015-12
2018-06
Forward PE Ratio
10.17
13.76
MCSLF vs KFY, RHI, TNET: Forward PE Ratio Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McMillan Shakespeare Forward PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
McMillan Shakespeare (MCSLF) has a Forward PE Ratio of 8.98 as of Jul. 04, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on McMillan Shakespeare and its competitors. According to the industry distribution chart, McMillan Shakespeare ranks #196 out of 417 companies in the Business Services industry, placing it in the top 47%.
Is McMillan Shakespeare's Forward PE Ratio too high?
McMillan Shakespeare's current Forward PE Ratio is 8.98. The Business Services industry median Forward PE Ratio is 12.42. McMillan Shakespeare's value of 8.98 is 27.7% below this industry median. Based on the distribution chart, McMillan Shakespeare ranks #196 out of 417 companies in the Business Services industry, which is above the industry midpoint. Overall, McMillan Shakespeare has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Forward PE Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #196 out of 417 companies for Forward PE Ratio. This puts McMillan Shakespeare in the upper half of its industry. The industry median Forward PE Ratio is 12.42. McMillan Shakespeare's value of 8.98 is 27.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Business Services company?
The median Forward PE Ratio among Business Services companies is 12.42, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McMillan Shakespeare's current Forward PE Ratio of 8.98 is 27.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on McMillan Shakespeare and its competitors. For the Business Services industry, the median Forward PE Ratio is 12.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current Forward PE Ratio is 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Forward PE Ratio of 8.98. The stock's GF Value™ is $12.55, compared to a current price of $9.90 — trading 21.1% below its estimated fair value. The current Forward PE Ratio is 8.98 and 27.7% below the Business Services industry median of 12.42. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For McMillan Shakespeare (MCSLF), the current Forward PE Ratio is 8.98 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McMillan Shakespeare (MCSLF) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of $9.90 is trading 21.1% below its estimated GF Value™ of $12.55.
Key valuation signals for MCSLF:
Forward PE Ratio: 8.98
GF Value™: $12.55 vs. price of $9.90 (21.1% below fair value)
Industry Position: 27.7% below the Business Services median (#196 of 417)
No single metric tells the full story. See the MCSLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score
Get the complete analysis for MCSLF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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